A Travel Price Comparison for Families, Couples, and Backpackers Mykonos vs. Monaco for Vacations, Tours, and Honeymoons

Should you visit Mykonos or Monaco?

Which city should you visit? Read on to compare the prices of travel for Mykonos and Monaco. We’ll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget. So, let's dig into it.

Mykonos

Mykonos, a Greek Island in the middle of the Aegean Sea, is part of the Cyclades group. Mykonos is one of the most touristy islands in the Aegean Sea and is famous for its whitewashed buildings that climb up the hill along with historic windmills, stunning hillside views, and fantastic seafood restaurants. Because of its popularity, Mykonos comes with a hefty tourist markup. Many passengers arrive here as part of a cruise, so during the day its small streets can become crowded with tourists and its harbor fills with large ships. August and July are the most popular times to visit, so if you're hoping to avoid to crowds it's best to come a few months earlier.

Monaco

Monaco is a small city-state that is completely surrounded by France. The Italian Riviera is only a few kilometers to the east and the country enjoys a wonderful, Mediterranean climate. Monaco is also the second smallest independent state in the world, with the Vatican being the smallest. It is six times as large of the Vatican and also the world's most densely populated independent country. It is entirely urban and a fun place to spend a few days.

Which city is cheaper, Monaco or Mykonos?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Mykonos is €119, while the average daily cost in Monaco is €148. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each city. Below is a breakdown of travel costs for Mykonos and Monaco in more detail.



Accommodation

Accommodation prices vary by location and style, but travelers pay on average about €118 for a double occupancy room in Mykonos.

Monaco's average price for two people sharing a typical double-occupancy hotel room is €188. A typical place to stay for one person, per day is €94.


  • Accommodation Hotel or hostel for one person
    Mykonos 59
    Monaco 94
  • Accommodation Typical double-occupancy room
    Mykonos 118
    Monaco 188

Food

In Mykonos travelers spend around €38 a day on food. You can save money by choosing casual restaurants or food stalls, or you can spend plenty more by dining in nicer restaurants at every meal.

On average, meal and food prices in Monaco cost around €43 per person, per day. While this price can vary widely by location, the type of restaurant, and the amount of food ordered, a typical meal often costs around €17.


  • Food Meals for one day
    Mykonos 38
    Monaco 43
Typical Food prices in Mykonos

Some typical examples of dining costs in Mykonos are as follows:


  • Two Ice cream Cones
    4.50

Food Tours and Cooking Classes in Mykonos

Also, here are some specific examples of food and dining related activities in Mykonos.

  • Traditional Lunch or Dinner at the Mykonian Spiti: $73
  • Cooking Class in Mykonos, Greece: $145

Local Transportation

The average price of local transportation around Mykonos is €19 per person, per day. As this average includes both taxis and public transport, keep in mind that the prices of private drivers and taxis are significantly more expensive than public transportation.

The average price of local transportation around Monaco is €14 per person, per day. As this average includes both taxis and public transport, keep in mind that the prices of private drivers and taxis are significantly more expensive than public transportation.


  • Local Transportation Taxis, local buses, subway, etc.
    Mykonos 19
    Monaco 14
Typical Local Transportation prices in Mykonos

Below are a few samples from actual travelers for transportation costs in Mykonos:


  • Bus to Paradise Beach (for 2)
    5.60
  • Taxi to Kalafatis
    13

Hired Cars and Shuttles in Mykonos

Some specific examples of transportation prices in Mykonos:

  • Mykonos Airport Shuttle Bus Transfer: $24
  • One Way Private Transfer within Mykonos Island MINI VAN: $73
  • Transfer from Mykonos Airport to Aghios Ioannis - Mykonos area up to 6 customers: $98
  • Transfer from Mykonos Airport to Aghios Stefanos - Mykonos area up to 6 customers: $98
  • Transfer from Mykonos Airport to Agios Sostis area up to 6 customers: $121
  • Transfer from Mykonos Airport to Agrari area up to 6 customers: $98
  • Transfer from Mykonos Airport to Ano Mera area up to 6 customers: $121
  • Transfer from Mykonos Airport to Chora area up to 6 customers: $98
  • Transfer from Mykonos Airport to Choulakia area up to 6 customers: $98
  • Transfer from Mykonos Airport to Drafaki area up to 6 customers: $98
  • Transfer from Mykonos Airport to Elia area up to 6 customers: $121
  • Transfer from Mykonos Airport to Ftelia area up to 6 customers: $121

Hired Cars and Shuttles in Monaco

Some specific examples of transportation prices in Monaco:

  • Private Departure Transfer from Monaco Hotels to Nice Airport: $65
  • Monaco Transfer: Monaco Cruise Port to Nice Airport: $80
  • Departure Private Transfers from Monaco City to Nice Airport NCE: $98
  • Nice Airport Transfers : Monaco City to Nice Airport NCE in Business Car: $108
  • Departure Private Transfers from Monaco City to Nice Airport NCE in Luxury Van: $118
  • Nice Airport Transfers : Monaco City to Nice Airport NCE in Luxury Van: $124
  • Nice Airport Transfers : Monaco City to Nice Airport NCE in Luxury Car: $157
  • Monaco Private Transfer from Monaco-Ville to Nice Airport: $174
  • Between Monaco and Nice: Single Helicopter Transfer: $199
  • Private transfer: Monaco Airport (MCM) to Monaco: $622

Is it cheaper to fly into Mykonos or Monaco?

Prices for flights to both Monaco and Mykonos change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.





Entertainment

Mykonos's costs for entertainment, tickets, attractions, and tours will often cost around €18 per person, per day. This cost can vary widely by the type of activity, however, as this includes admission tickets, day tours, museums, and other things to do.

Monaco's costs for entertainment, tickets, attractions, and tours will often cost around €18 per person, per day. This cost can vary widely by the type of activity, however, as this includes admission tickets, day tours, museums, and other things to do.


  • Entertainment Entrance tickets, shows, etc.
    Mykonos 18
    Monaco 18

Tours and Activities in Mykonos

Some specific costs of activities, tours, and entrance tickets for Mykonos are as follows:

  • Tour to the Mykonian Spiti Farm: $34
  • From Ancient Delos Tour: $44
  • Mykonos Walking Tour: $45
  • Half-Day City Walking Tour and Island Bus Tour: $45
  • Sunset Cruise to Delos: $51
  • Mykonos Sunset & Little Venice Cruise: $54
  • Half-Day Authentic Discovery Tour: $54
  • The Original Morning Delos Guided Tour: $58
  • The Original Evening Delos Guided Tour: $58
  • Wine and Culture Walking Tour: $59
  • The Original Delos Guided Tour from the Cruise Ship Port: $63
  • Mykonos Hiking Adventure: $67

Typical Entertainment prices in Monaco

Here are a few typical costs in Monaco for activities, ticket prices, and tours that come from previous visitors:


  • Grand Prix for Two
    101

Tours and Activities in Monaco

Here are a few actual costs in Monaco for available activities, ticket prices, and tours:

  • Oceanographic Museum of Monaco Ticket: $14
  • Monaco Hop on Hop Off Sightseeing Bus Tour: $29
  • Monte-Carlo and Monaco sightseeing walking tour with an expert guide: $56
  • Group tour of French Riviera from the port of Monaco/Monte-Carlo: $112
  • Helicopter Sightseeing Flight: $164
  • Monaco 30/60-Minute Ferrari Driving Experience: $185
  • Lamborghini Sports Car Experience from Monaco: $211
  • Monaco Private Walking Tour: $245
  • Monaco Shore Excursion to Nice, Eze, Monaco & Monte-Carlo Full Day Tour: $249
  • Private Tour: Personal Travel Photographer Tour in Monaco: $279
  • 30 Minute Ferrari California T Sports Car Experience from Monaco: $290
  • Monaco Private Walking Tour: $332

Alcohol

The average person spends about €16 on alcoholic beverages in Mykonos per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

While the amount that someone spends on alcohol while visiting Monaco may vary from person to person, on average a person spends €21 per day on alcoholic beverages.


  • Alcohol Drinks for one day
    Mykonos 16
    Monaco 21

Sample the Local Flavors in Monaco

Also in Monaco, these are the prices for nightlife and alcohol related activities from various tour providers:

  • Authentic Wine Tasting Experience: $48
  • Monaco Shore Excursion: Private Tour of Nice and Eze with Wine Tasting: $657
  • Private St-Jeannet, St-Paul-de-Vence, and Wine Tour from Monaco: $843


When we compare the travel costs of actual travelers between Mykonos and Monaco, we can see that Monaco is more expensive. And not only is Mykonos much less expensive, but it is actually a significantly cheaper destination. So, traveling to Mykonos would let you spend less money overall. Or, you could decide to spend more money in Mykonos and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Monaco would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Monaco than you might in Mykonos.

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Mykonos vs. Monaco Travel Comparison

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